SHE:002554 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	796.18	1,288	997.78	752.77	639.9	889.24
Cash & Short-Term Investments	796.18	1,288	997.78	752.77	639.9	889.24
Cash Growth	25.55%	29.08%	32.55%	17.64%	-28.04%	-8.43%
Accounts Receivable	1,595	1,298	1,395	1,352	907.82	842.98
Other Receivables	503.21	230.47	77.51	87.87	184.72	212.05
Receivables	2,099	1,528	1,473	1,440	1,093	1,055
Inventory	500.02	411.95	442.49	458.5	221.92	203.19
Prepaid Expenses	-	-	-	-	0.12	0.38
Other Current Assets	551.07	656.8	491.83	510.5	273.22	270.7
Total Current Assets	3,946	3,885	3,405	3,161	2,228	2,419
Property, Plant & Equipment	512.54	542.25	556	545.32	546.09	913.27
Long-Term Investments	635.36	563.86	771.89	780.17	532.71	526.29
Goodwill	1.89	1.89	26.63	33.99	33.84	33.84
Other Intangible Assets	206.38	214.15	223.62	232.48	241.92	45.82
Long-Term Accounts Receivable	150.83	160.02	21.32	-	-	-
Long-Term Deferred Tax Assets	157.27	128.75	118.45	114.56	113.3	100.07
Long-Term Deferred Charges	0.75	32.33	1.39	12.19	0.24	0.41
Other Long-Term Assets	147.69	122.76	129.36	130.08	131.33	24.21
Total Assets	5,759	5,651	5,253	5,010	3,827	4,062
Accounts Payable	797.06	889.19	814.61	538.1	365.62	377.13
Accrued Expenses	23.22	76.92	71.7	81.62	67.91	36.09
Short-Term Debt	634.95	628.13	691.05	585.96	341.17	814.68
Current Portion of Long-Term Debt	396.38	642.04	269.28	355	111.4	13.4
Current Portion of Leases	-	3.45	4.07	1.86	3.83	10.77
Current Income Taxes Payable	35.29	4.78	2.41	4.84	4.02	5.16
Current Unearned Revenue	271.4	117.4	176.57	295.49	169.2	44.7
Other Current Liabilities	83.44	60.06	55.79	74.66	62.36	105.9
Total Current Liabilities	2,242	2,422	2,085	1,938	1,126	1,408
Long-Term Debt	1,068	842.49	543.81	449.03	237.8	251.2
Long-Term Leases	9.72	10.74	12.16	13.4	12.55	-
Long-Term Unearned Revenue	29.11	16.45	18.94	14.81	16.74	75.73
Long-Term Deferred Tax Liabilities	2.2	1.95	2.93	3.68	2.21	1.62
Other Long-Term Liabilities	17.39	12.62	1.98	42.21	53.59	65
Total Liabilities	3,368	3,306	2,665	2,461	1,448	1,801
Common Stock	1,334	1,334	1,347	1,347	1,347	1,371
Additional Paid-In Capital	798.26	791.79	809.65	814.87	820.22	846.78
Retained Earnings	266.76	256.23	393.13	304.83	155.04	65.94
Treasury Stock	-	-	-	-	-	-60.41
Comprehensive Income & Other	-30.88	-64.15	-18.67	15.19	-6.73	-17.77
Total Common Equity	2,368	2,318	2,531	2,482	2,315	2,205
Minority Interest	22.76	27.24	57.05	67.85	63.34	55.95
Shareholders' Equity	2,391	2,345	2,588	2,550	2,379	2,261
Total Liabilities & Equity	5,759	5,651	5,253	5,010	3,827	4,062
Total Debt	2,109	2,127	1,520	1,405	706.76	1,090
Net Cash (Debt)	-1,313	-838.92	-522.6	-652.48	-66.86	-200.82
Net Cash Per Share	-1.10	-0.61	-0.40	-0.49	-0.05	-0.19
Filing Date Shares Outstanding	1,334	1,334	1,345	1,347	1,347	1,371
Total Common Shares Outstanding	1,334	1,334	1,345	1,347	1,347	1,371
Working Capital	1,704	1,463	1,319	1,224	1,102	1,011
Book Value Per Share	1.78	1.74	1.88	1.84	1.72	1.61
Tangible Book Value	2,160	2,102	2,281	2,215	2,040	2,125
Tangible Book Value Per Share	1.62	1.58	1.70	1.64	1.51	1.55
Buildings	-	249.59	249.61	248.88	248.62	248.49
Machinery	-	551.89	568.88	483.59	475.22	461.99
Construction In Progress	-	72.86	39.74	82.45	54.69	409.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.